The GlobalPolymer Foam Market Share, Size, Price, Trends, Growth, Report and Forecast 2023-2028 by Expert Market Research gives an extensive outlook of the global polymer foam market, assessing the market on the basis of its segments like foam type, resin type, application, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porters Five Forces Models.
Polymer Foam Market Share, Price, Trends, Growth, Key Players, Report and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028):4.20%
The rapidly expanding construction and building industry is significantly contributing to the growth of the polymer foam market. The major factors driving the growth of this market include the surging demand for automobile interiors and parts and increasing foreign investments. The flexibility of polymer foams make them suitable for making carpet underlays, beddings, and home furniture, which is likely to surge their demand in the furniture industry. Besides, its sound insulation and vibration dampening qualities have led to its wide adoption in the transportation industry, where it also combats cushioning issues. Polymer foams with an enclosed cell structure are used to retain the buoyancy of boats after multiple load-unload cycles, in line with its resistance to moisture.
Get a Free Sample Report with Table of Contents https://www.expertmarketresearch.com/reports/polymer-foam-market/requestsample
The polyurethane resin type of polymer foams is expected to witness widespread growth in the forecast timeline owing to its robust mechanical strength and good insulating properties. Meanwhile, the polystyrene foam resin types are also likely to register a steady growth in the future due to their superior properties like low heat and sound transfer and lightweight nature. Building and construction applications of the polymer foam market are expected to witness a robust growth in line with the growing applications of polymer foam in wires and cables, flooring, and for insulation purposes.
Polymer Foam Industry Definition and Major Segments
A polymer foam is a polymeric matrix made from the statistical distribution of gas bubbles that work as a reinforcement agent. It is made from foam extrusion moulding and foam injection moulding techniques. The low density and great flexibility of polymer foam makes it suitable for a wide range of industrial applications.
Read Full Report with Table of Contents https://www.expertmarketresearch.com/reports/polymer-foam-market
On the basis of foam type, the market is segmented into:
Flexible Foam
Rigid Foam
Based on resin type, the market is classified into:
Polyurethane Foam
Polystyrene Foam
PVC Foam
Phenolic Foam
Polyolefin Foam
Melamine Foam
Others
On the basis of applications, the market is categorised into:
Packaging
Building and Construction
Furniture and Bedding
Automotive
Marine
Others
Based on region, the market is divided into:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Polymer Foam Market Trends
The increasing geriatric population has accelerated the demand for polymer foam for padded furniture and bedding, thus bolstering the polymer foam market. The key trends that are propelling the growth of the market include the growing demand from various core industries like furniture, packing, and bedding and the rising demand for bio-based polyols. The increasing usage of electronics is surging the demand for polymer foam for electronics packaging, which is widening the growth potential of the polymer foam market.
The integration of evolving technology with polymer foams have led to the emergence of smart foams, incorporated with sensors and self-healing materials, which are transforming the market for polymer foam. Stringent regulations for environment safety and the rising research and development activities are significantly contributing to the growth of the market for polymer foams.
Advancements in additive manufacturing of polymer foam have enabled printing products in customised shapes and sizes which is spurring the polymer foam market. Hectic lifestyles and increasing postural deformities have triggered the demand for memory foam mattresses which use a special type of polymer foam that retains its shape and helps muscles relax. The burgeoning demand for comfortable and lightweight footwear, especially for the aged population, is further augmenting the growth of the market for polymer foam.
Key Market Players
The major players in the global polymer foam market report are:
Armacell International S.A.
Covestro AG
BASF SE
Arkema S.A.
Borealis AG
Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Silicone Oil Market: https://www.expertmarketresearch.com/reports/silicone-oil-market
Ready Mix Concrete Market: https://www.expertmarketresearch.com/reports/ready-mix-concrete-market
Personal Finance Software Market: https://www.expertmarketresearch.com/reports/united-states-personal-finance-software-market
North America Frozen Seafood Market: https://www.expertmarketresearch.com/reports/north-america-frozen-seafood-market
About Us:
Expert Market Research (EMR)is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune1000 companiesto small and medium scale enterprises.
EMR customises syndicated reports according to clients requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultantsand more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact:
Company Name: Claight Corporation
Contact Person: Anisha Luccas, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
